Replies to post #1516 on Grass Roots Fertilizer Stocks

[Tackler]

MagMinerals Inc. intends to build, own, and operate a stand-alone potash plant. The proposed plant site, near the village of Mengo, is located 16 kilometers east of the Atlantic port city of Pointe-Noire, Republic of Congo. Pointe-Noire, West Africa’s best deep-water port, has successfully served as the operations base for major international oil companies for the past 30 years.



From Pointe Noire, the shipping time to Brazil, one of the world’s largest importers of potash, is substantially lower than competing suppliers. MagMinerals would also have the lowest freight cost of any supplier to West Africa and South Africa and competitive rates to Southern Europe and North Africa.



http://www.magindustries.com/detail.php?id=510